Tarek Kabil, minister of trade and industry, announced in a press statement on Saturday that Russian authorities have agreed to lift the imposed ban on Egyptian potato exports from eight agricultural areas. He added that exporting from those areas will begin starting from 6 June. The minister added that the decision is the culmination of …

The total volume of commodity trade between Egypt and Saudi Arabia during 2017 amounted to about EGP 3bn, according to Egyptian Minister of Trade and Industry Tarek Kabil. Kabil noted that Saudi Arabia was among the largest Arab countries investing in the Egyptian market in 2017 with a total of $6.3bn invested in 4,274 projects where …

Minister of Trade and Industry Tarek Kabil issued a decision to regulate the system of determining the ratio of local components in the car industry and its feeding industries. The decision stipulated that local components in car manufacturing must not be less than 46%. The contributions of the assembling line in the local manufacturing of …

Egyptian commodity exports to European Union (EU) countries increased significantly during 2017, at a value of about €8.1bn, compared to €6.7bn in 2016, an increase of 21%, according to a Friday press statement from Minister of Trade and Industry Tarek Kabil. Furthermore, the large increase in Egyptian exports to these markets contributed to the growth …

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Minister of Trade and Industry Tarek Kabil announced that the construction work at the new furniture city in Damietta is proceeding according to the ministry’s plan and timetable, revealing that 99% of the construction work on 1,400 units has been completed. This came during the meeting held by the minister to follow up on the …

The African Group at the World Trade Organization (WTO) unanimously decided to re-elect Egypt, represented by the Egyptian Commercial Service Office of the permanent mission of Egypt in Geneva, to be a focal point for the continental group with regards to negotiations on agriculture and export of non-agricultural goods to foreign markets, according to Egyptian …

Minister of Trade and Industry Tarek Kabil announced that Egyptian exports to European Union (EU) markets achieved a significant increase of 24% during the first 11 months of 2017, reaching €7.5bn, compared to€ 6.3bn during the same period of 2016. He continued that Egyptian imports from the EU decreased during the first 11 months of …

New chairperson of the Egyptian-Portuguese Business Council (EPBC), Mohamed Abul-Enein, said that the council will start its first meetings in March, after a decision to form the council was recently issued by Minister of Trade and Industry Tarek Kabil. “The first EPBC meeting will be held in the presence of council members to share views about how …

Minister of Trade and Industry Tarek Kabil announced in a press statement on Sunday that he will participate, after an eight-year Egyptian hiatus, in the 10th meeting of trade ministers of the Union for the Mediterranean (UFM) countries, which is being held in Brussels on Monday. The meeting aims to follow up and activate cooperation …

Saeed Abdallah, head of the trade agreements sector at the Ministry of Trade and Industry, announced on Friday that the trade exchange between Egypt and European Free Trade Association (EFTA) countries recorded $1.287bn in 2017. The EFTA is a regional trade organisation and free-trade area consisting of four European states: Iceland, Liechtenstein, Norway, and Switzerland. …

Minister of Trade and Industry Tarek Kabil announced on Wednesday, in a press release, that 102 Egyptian companies, some of the largest producers of vegetables and fruits, participated in the activities of the Fruit Logistica trade show. This came according to the latest report received by the minister from the Egyptian Commercial Office in Berlin on …

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Minister of Trade and Industry Tarek Kabil announced that the board of directors of the Export Development Authority has agreed for the authority to arrange for Egypt’s participation at the first China International Import Expo (CIIE), scheduled to be held next November. Moreover, they agreed for the Export Development Authority to also arrange Egyptian participation …